RE:RE:RE:RE:RE:RE:RE:RE:Insane volumeOK, being new at this, I really never thought about selling while going down and then purchasing at a lower point. I see the point that you are making.
thefabergegg wrote: avg down if you want to continue putting money into it but to what end?
but you should all consider stops there's a reason that option exists. just saying, you can all be better investors and traders if you learn/know the options available to you - you worked hard for that $$$
300Magnum wrote: thefabergegg wrote: 2 handle = 20s
22-24 range
300Magnum wrote: thefabergegg wrote: actually it does make sense, because even if you take a loss now you cut losses and you can pick it up at a lower price and have more shares - just saying if you truly believe 30s is the bottom, I however believe is going back to a 2 handle.
This noob has to ask........Whats a 2 Handle?
Ok, I wondered, but needed to check. I actually see there could be a benefit from selling on the way down to save losing, but why not purchase more to average down if you are going to hold for long?